Friday, October 26, 2012
Obama's Real Second Term Plan
By Ned Ryun on 10.26.12 @ 6:08AM
You won't recognize this country after his second term -- the obvious reason he's not telling you what he has in mind for it.
Mitt Romney said it best in the last debate when he informed the President that, "attacking me isn't an agenda," which prompted the Obama campaign to immediately release what they call a plan for the second term. This 20-page repackaging of speeches notwithstanding, President Obama remains perhaps the only president in history to run for reelection who not only can't talk about his record but also can't discuss his real agenda for a second term.
Now it's not that he can't because he doesn't have any ideas about what he wants to do. He does have big plans, but his vision of the future is profoundly different from that of most Americans. The America that Obama sees when he sits on the Truman Balcony at night and dreams about the next four years is radically altered reality for everyone. It should scare every American -- unless you happen to be getting Obama's free cell phone service.
Obama would like everyone to believe that his second-term policies will address what he sees as the great inequalities and unfairness inherent in the American system. He wants to level the playing field. What he can't tell you -- and what most Americans are realizing -- is that leveling out America will reduce freedom, opportunity, income, innovation, and upward mobility in favor of a government-driven economy. With a government-driven society will come statism, and collectivism follows right on the heels of statism, which will destroy America.
Here's the stark proof, keeping in mind that this is a mere snapshot of the "remaking" Obama has in store that will affect millions of American families and businesses. The President's proposed budget projects will have federal spending soaring to $5.820 trillion per year, making Obama the biggest government spender in the history of the world. With all the talk from the President about spending cuts to satisfy independent voters, the sum of all of Obama's spending over the next ten years could total more than $40 trillion that we simply don't have.
We can't afford Washington's spending now. Do we really think only the wealthy will foot the bill for such dramatic increases in government expenditures? The President's proposals will drive $100 billion in tax hikes next year and more than $2 trillion in tax increases over the next 10 years hitting every American.
With more than 40 million Americans on food stamps, welfare is the fastest-growing portion of the budget under Obama. Food stamp usage is up a staggering 46% and the cost of the program has increased by 72%. Over the next four years, the President is preparing to increase spending on these programs to enable the government to increase benefits and provide for an increasing share of the population.
The slow creep of dependency will see a smaller middle class and a larger dependent class of not just the poor but individuals and families who once could afford to live without the government's help, but due to inflation, lower wages, fewer jobs, and higher taxes must turn to the government for some form of assistance.
When it comes to crippling regulations to burden private enterprise, the Obama Administration is leading the charge to squash industry in favor of increasing government's power and reach.
New greenhouse gas regulations will cost $300 to $400 billion per year and increase gas prices. The President's insane "cow tax" will hit more than 37,000 farms and ranches and 90% of American livestock production. Obama's attempt to stop hydraulic fracking for natural gas has more than a dozen federal agencies developing new, expensive regulations to prevent energy companies from drilling. His war on the coal industry will continue, costing as much as $110 billion over the next two decades and killing more than 300,000 jobs in Ohio, West Virginia, Pennsylvania, and Missouri. So much for energy independence, and so much for job creation.
Despite the President's assurance that costs won't go up and jobs won't be lost over Obamacare, the 16,000 IRS workers who will administer the tax provisions of the program will be very busy hitting millions where it hurts. According to the Heritage Foundation, the Congressional Budget Office analysis found that nearly 80 percent of those who'll face tax penalties would be making between $55,850 and $115,250. They will all see their taxes go up starting next year.
Obama will add a $123 billion surtax on investment income, and new taxes on dividends despite the fact that more than half of all Americans invest in the market in one fashion or another. The $86 billion increase in the Medicare Payroll Tax is also coming down the pike, along with a $60 billion tax increase for health insurance companies.
In another uniquely-Obama effort to allegedly reduce healthcare costs, the President is also going to increase taxes by $32 billion on people who already have comprehensive healthcare coverage -- because they have coverage. Of course, people who have coverage now that's not up to the government's standards will find their plans eliminated and forced to purchase more expensive coverage. He's even going to tax medical device manufacturers to the tune of $20 billion because apparently that will help make Americans healthier.
In Obama's America, religious schools, hospitals and charities will be labeled as non-religious employers specifically because they serve the common good of society. Churches and other faith-based institutions will be forced to provide services and even hire employees based on government mandates rather than their own, deeply-held values and beliefs. If they don't, Obama's government will gladly step in with an expensive government backfill for the services.
Here's the good news -- we can prevent Obama's America from becoming a reality. We can stop statism and collectivism from taking us from "one out of many" to one of the many nations whose governments' thirst for power and control led to the decline of great societies and nations. The choice is ours November 6, and the results of the election, whichever way they go, will resonate for generations to come.
To read another article by Ned Ryun, click here.
Posted by Brett at 9:33 AM